Member Info for bluemango

Good post DaisyDo.

People were a bit miffed at the WS acquisition, so in the space of a few weeks, private investors (not the Concert Party, but PI's) have fallen over in the rush to sell a proportion of their holdings, wiping out 30% of the market cap in the process. Well done to them (slow hand clap)

To what end? To show their disapproval? Instead, they could have communicated privately with the BOD. And as I commented at the time, the disapproval is only directed at something many of us would probably have done in the same position as the Oraziman family. Noting that the nephew has only acquired extra shares, not cash at this stage.

Yes, you can question the justification and terms of the deal. But to collectively wipe out 30% of the market cap seems, to my mind, to be just a tad over-reaction. Especially with a whole raft of positive newsworthy events on the near horizon.

Mrcautious, that's all reasonable and I would just say it's a matter of interpretation; what would we do in their position, to what extent does any of it impact on the endgame, etc etc.

Message received. Others are poised & ready to recommence the Rampathon, but not yet and it would be 'inconvenient' to start it again before the appropriate time.

Meanwhile, it's definitely all doom and gloom and nothing good will ever come of this.

Ok, you're obviously entitled to think that could happen, but if you even think it's a small probability here, then why on earth would you have invested or stayed in? The high percent ownership by the Concert Party is not exactly a new thing. Clearly this is only an investment for people comfortable with an element of risk. Which I am, but are you?

Surely it's obvious with the Concert Party (mainly Orazimans) owning 50% of the company, they stand to gain at a far higher exit valuation.

I'm with Mike, hanging on the coat tails of the Orazimans and bought three times over recent weeks on top of an already substantial holding. Much going on with Block 8 licence approval, and testing ready after that, drilling news and CE contract, plus shallows up for sale and possible special dividend. Many were clearly spooked by the latest acquisition, so it's an opportunity for those comfortable with the perceived risk.

There really hasn't been enough mention of camels today. To make up for this, here's a link:

hTTps://northcarolinahistory.org/encyclopedia/camel-cigarettes/#:~:text=The%20camel%20was%20named%20%E2%80%9COld,advertising%20is%20a%20friend%27s%20endorsement.

Amazing.

At least five whole minutes since anyone mentioned dead camels ....

For the avoidance of doubt, btw, I'm not saying every management decision is perfect, far from it obviously. The family are only doing what most of us would probably also do in a similar position given the opportunity, but it's the endgame that matters so good luck to them.

It's the highly selective broadcasting and constant repetition that I'm pointing out, that's all. Clearly to try to help a short term position. And by now surely obvious to all.

QED.

I rest my case, m'lud.

Divermike

Mostly 4.5 for me too. Despite having moments especially in the last few days of it being pushed lower, and questioning.

But in an odd way, the more the obvious traders show their cards and try to use this forum to help them, the more it reinforces my own view.

Influences enough to move the price, that is. Sad that it even needs to be said, but that's life and human nature. Even understandable.

Worth bearing in mind, that's all. Way too many posts from me today, so I'll stop there. ...

And for anyone thinking 'nobody posting here influences others in their buys or sells', I'd say it it was a FTSE 100 stock, absolutely right.

But with a very limited free float, thinly traded Aim stock, largely news driven?

These forums are great for exchange of research and opinions.

Unfortunately they can also occasionally be used to influence the unwary. I'd love it to be possible to have a weekly tally of how many people reading this thread are

1. Frightened

2. Concerned

3. Neutral

4. Optimistic

5. Excited

And how the average of those ratings varied week by week.

"forced to buy the boat from another Oraziman company"

A boat that looks like being highly lucrative for the company, but I get it - today is clearly 'let's have a downer on casp' day!

What ages are Carver and Kuat? Presumably they will be seeking a comfortable retirement at some point in the not too distant future. Look at it from their viewpoint and with the extra info they have at their disposal.

Do they and the Concert Party in general want an exit at a much higher valuation? Of course they do, and the time for that exit is probably drawing a lot closer. For holders who have been in this a decade or more, who feel this has gone on forever, it may not seem like it, but that has to be the reality. If people don't like or don't understand some of the strategy, then go along to the GM in a couple of weeks' time and get some explanations.

No way I'm parting with any shares until this multi-bags from here. Period.

No, it's a GM in the real world.

True, much going on and we may disagree about the priorities but the company are at least showing a flexible and proactive approach to monetisation.

Ultimately for us (mainly in the dark) PIs, it's a question of whether we have faith that the Concert Party know what they're doing in their ultimate goal of a significantly higher valuation and subsequent cash in. I suspect they would be bemused by some of the hands-wringing going on here. I also suggest iif anyone's got genuine concerns then they have an opportunity to air them to management in London at the GM on 25th April at 11:00.

And another pair - so another investor (or first one's spouse)

Encouraging to see an investor doing a Bed'n'ISA using their full £20k ISA allowance on Casp shares with that pair of 588k trades. At least that person's confident ...

With HL and find them generally good. (All providers have their faults with the balance between efficiency of service and value for money) Personally I'm happy to stick with them.